That's highly unlikely to work!

This means competition is highly aggressive here in metro Atlanta.

The owner is a master plumber and his company is licensed in all mechanicals and he has dozens of subs that do the high quality finish. 

Doing arbitrage.The risk is too high for most people.

If NAR had any balls, they'd cut off the IDX feeds and take their listing data private again, force anyone who wants access to MLS to sign a buyers rep agreement at the very least or better yet pay a retainer, put the companies who simply populate data from the MLS into their own sites then offer crappy customer service out of business (the ones who brought these lawsuits on us by being bottom-feeders) and control the market. 

First off  you have a CRIME FREE /Drug Free addendum on each tenant that lives in your rental.If you notice suspicious activity or have reports of the same you give tenant notice of high traffic / volume of people to unit as notice to cure.. if this continues or you see or smell drugs you give notice of non-compliance and lease termination. yes you can ask police for advise.. but your main goal is to limit the calls police have to make to your property so you don't want to be listed as a nuisance property. but if the issues warrants it yes call the cops and if a neighboring unit is worried tell them to call the cops sometimes you have to have a record of police calls to verify the issue so you can write up infraction for eviction action..

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

I would also highly encourage you to become active in your local real estate clubs if you are not already.

The guests are horrible, the expenses are very high, and the ROI is awful.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.